It would not be the first time I have seen you perplexed in these forums. Of all people I have spent time with, Seykota stands out: Note: Unrelated, I had to go search, but I was right. I forgot about your anti-capitalism rants of earlier. I get a kick out of your screen name to say the least!
I'm about as pro-capitalism as you can get. I am definitely not conventional though. I agree with Ed's assessment of "trend" to a point but I've documented that motion, velocity, strength and "trend" can be viewed and defined within a real-time chart. I know that one a bar is printed is immediately becomes a historic point. Trends, as the industry sees them are absolutely projections of their own inconsistent definitions, this we agree on. My definition isn't inconsistent but is it documentable. The difference is in chart construction but that is a conversation for another time, if you are interested. The screen name was my nickname when I trained at a corporate level. My mentor was, at one time, the youngest V.P. at Raytheon corporation in the 80's. He was considered the best in the industry at what he did, problem solving. He fined tuned my 4 years of logic training in college into the fine art of corporate problem solving to match his own track record. I simply took that skill and applied it to the deconstruction of a chart and putting it back together one objective piece at a time.
Makes little difference. Stop evading. You said you didn't trade, PERIOD. Don't worry we all slip up now and then, trying to cover up our BS...
If you have something to demonstrate this thinking, go for it! You disagree with the basics of what Seykota lays out? His comments are not exactly controversial, but just matter of fact.
Since some might not follow your conspiracy, here is the review I posted...made up of (4) other reviews: Now if those reviewers would have only talked to TraderZones in advance...they could have known the error of their ways...
I've spoke with Ed at a couple trade shows and a couple of the basics we do agree on. Like he, stated; "When we speak of trends we are necessarily projecting our own definitions." Ed is projecting his opinions and I am projecting documented facts.
while what Mr seykota states makes sense, the prof is spouting rhetoric. this actually makes no sense. documented facts, prior to the fact? seriously, prof, while you may have a unique teaching method or whatever it makes zero sense that you will not make one call here or show your documented facts if you actually have them. it's all rhetoric--nothing more nothing less. surf